COP
ConocoPhillips trades at a P/E of 16.4 with a market cap of $152.3 billion, and the ownership data shows a stock most active managers have stepped back from.
Dealer bank positioning runs at 18.6%, exposure tied to hedging and market making rather than directional conviction on oil and gas fundamentals. Institutional pressure reads neutral at negative 0.01, and the broader market regime reads neutral at negative 0.13. Both sit close enough to zero that neither institutions nor the macro backdrop lean hard either way on COP specifically. That neutrality stands out given AcidCapitalist's own recent coverage of a eurodollar squeeze hitting gold, silver, and copper, a commodity liquidation that has not, per this data, triggered a matching rotation into or out of COP. 13F filings, which built this ownership breakdown, run 45 to 90 days stale by publication, so fund turnover since could already have shifted the mix. Short interest, reported only twice a month, is not included here. Every figure above is a historical snapshot of past positioning, not a forecast. The low activist and growth momentum readings, the neutral pressure scores, and the commodity liquidation backdrop describe where things stood, not where COP is headed next.
Read the full note →§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY
§ 04 · FUNDAMENTALS · THE BOOKS
| P/E | 16.4 | P/B | 1.79 |
| EPS (TTM) | 7.57 | Dividend | 3.99% |
ConocoPhillips trades at a P/E of 16.4 with a market cap of $152.3 billion, and the ownership data shows a stock most active managers have stepped back from. Quality compounder funds hold 18.1% and passive index funds hold 15.0%, pointing to steady, buy-and-hold positioning rather than conviction betting. Deep value sits at 2.8%, income defensive at 2.4%, and growth momentum and activist money both sit at 0.0%. Nobody is fighting over this name right now. The largest single bucket, at 35.7%, is other_unclassified, meaning more than a third of the ownership base does not fit cleanly into any behavioral category this model tracks, a gap, not a conclusion.
| Fund | Shares | % port | Δ Q/Q |
|---|---|---|---|
| BlackRock, Inc. | 91.2M | 0.2% | +2% |
| VANGUARD CAPITAL MANAGEMENT LLC | 79.5M | n/a | n/a |
| State Street | 68.5M | 0.3% | +6% |
| Charles Schwab Investment Mgmt | 37.9M | 0.8% | −9% |
| JPMORGAN CHASE & CO | 33.6M | n/a | +37% |
| Capital International Investors | 31.1M | 1.0% | −36% |
Top institutional owners for COP as of the most recent 13F reporting period (Q1 2026 · Period ended Mar 31). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.
§ 06 · WHO OWNS IT · BY STRATEGY
Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.
§ 07 · INSIDER ACTIVITY · LAST 180 DAYS
| Date | Insider | Action | Shares | $ value |
|---|---|---|---|---|
| AUG 24 | LUNDQUIST ANDREW D | SELL | 9K | −$1M |
| JUN 10 | Mulligan Sharmila | SELL | 2K | −$235K |
0 insider buys, 2 sells in the last 180 days. Scheduled 10b5-1 sales are pre-programmed and neutral; discretionary clusters are the tape worth reading. Cross-reference with the signal stack above for context.